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Description
Donetz (also spelled Donetsk) is a city of 2 million people in the eastern Ukraine. It is a center for the steel industry, and the adjacent regions are rich in coal mining and agriculture. Donetz has received much publicity recently following an invasion of Russian separatists.
For auction is a bond issued on March 16, 1914 to fund construction of the "Chemin de Fer Nord-Donetz", a railroad that was to serve the area from Donetz to the Russian city of Saint Petersburg (a distance of appx 875 miles). The railroad was only partially completed because of the revolution by Communists against the Russian Czar, and the bonds became worthless as a result. The bond is in the amount of 500 French Francs or 187 Russian roubles and was to pay an interest rate of 4 1/2%. The total offering amount was 31 million French Francs or 11.594 million Russian roubles.
Language on the bond, which was issued in Belgium, is French. It measures appx 11x10 inches and is printed on a heavy-weight paperstock. The front of the bond is too large to scan in one image, so the first two images above are of the front. The back side is blank, except for various processing rubber stamp impressions (third image).
This bond is in excellent condition, in spite of being over 100 years old. It has no rips or tears, and all writing/markings are from its issuance and processing.
A great item for the Ukrainian history buff or collector of foreign railroad memorabilia.
For auction is a bond issued on March 16, 1914 to fund construction of the "Chemin de Fer Nord-Donetz", a railroad that was to serve the area from Donetz to the Russian city of Saint Petersburg (a distance of appx 875 miles). The railroad was only partially completed because of the revolution by Communists against the Russian Czar, and the bonds became worthless as a result. The bond is in the amount of 500 French Francs or 187 Russian roubles and was to pay an interest rate of 4 1/2%. The total offering amount was 31 million French Francs or 11.594 million Russian roubles.
Language on the bond, which was issued in Belgium, is French. It measures appx 11x10 inches and is printed on a heavy-weight paperstock. The front of the bond is too large to scan in one image, so the first two images above are of the front. The back side is blank, except for various processing rubber stamp impressions (third image).
This bond is in excellent condition, in spite of being over 100 years old. It has no rips or tears, and all writing/markings are from its issuance and processing.
A great item for the Ukrainian history buff or collector of foreign railroad memorabilia.
